Results for
Oil prices
18 Results-
OPEC Sec. General says lower oil prices driven by fear, optimistic on 2023 outlook
A recent oil-price slide reflects fears of economic slowdown and masks physical market fundamentals, OPEC’s new secretary general told Reuters, as he ... Energy -
US inflation drops to 8.5 percent in July as fuel prices dip
US inflation eased slightly in July, official data showed Wednesday, taking pressure off the Federal Reserve to hike interest rates sharply while ... Economy -
Saudi Arabia’s Crown Prince, Russia’s Putin discuss OPEC+, Ukraine in call
Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman “gave a positive assessment” of joint work in the OPEC+ format during a ... Gulf -
OPEC+ sticks to plan for gradual oil output hike, price roars higher
OPEC+ said on Monday it would stick to an existing pact for a gradual increase in oil output, sending crude prices to three-year highs and adding to ... Energy -
Who can predict oil’s behavior?
The game of chance is the game of losers; it has no memory, and cannot be predicted, whereas the petroleum industry has a strong memory and is bound ... In Translation -
Saudi Arabia raises April crude official prices to Asia at plus $1.40 per barrel
Saudi Arabia's state oil producer Aramco set its April official selling price (OSP) for its Arab Light crude to Asia at plus $1.40 per barrel versus ... Energy -
Iraq decides to freeze oil prepayments deal as oil prices rising
Iraq has decided to freeze its first crude oil prepayment deal, which had aimed to boost its finances, because oil prices are rising, the country’s ... Energy -
OPEC+ cuts deal for lower production hike from January
The OPEC+ group of oil producing countries and their allies have struck a deal to increase production from January, but by less than anticipated in ... Energy -
Oil prices fall as supply concerns ease, production disruptions end
Oil prices fell on Monday as force majeure at Libya's largest oilfield was lifted, a Norwegian strike affecting production ended and US producers ... Energy -
Coronavirus: OPEC+ warns of COVID-19 impact, sees signs of decline in oil overhang
An OPEC+ technical panel warned that a rise in coronavirus cases in some countries may curb oil demand despite signs of economic recovery and initial ... Coronavirus -
OPEC+ panel to meet online amid oil price decline
OPEC and allies, led by Russia, are scheduled to hold an online meet on Thursday to discuss compliance with their agreed output cuts and demand trends ... Energy -
US oil prices jump more than 14%, above $14 a barrel
US oil prices rebounded above $14 a barrel Wednesday, a day after a sell-off sparked by a major fund selling its short-term holdings of the commodity ... Energy -
US oil prices rebound above zero after coronavirus-triggered record collapse
US oil prices rebounded back above zero Tuesday, a day after futures ended in negative territory for the first time as a coronavirus-triggered ... Coronavirus -
US to add 75 mln barrels of oil to strategic reserve amid historic drop in prices
President Donald Trump said Monday the US would take advantage of the historic drop in oil prices to buy 75 million barrels to replenish the national ... Coronavirus -
US crude falls below $17 a barrel as coronavirus pandemic throttles global demand
US crude on Monday fell below $17 a barrel to fresh multi-year lows as the coronavirus pandemic throttles global demand, despite a deal to slash ... Coronavirus -
Coronavirus-hit oil prices rebound in Asian trade following sharp falls
Oil rebounded in Asian trade Wednesday following sharp falls the day before, as doubts persist about whether a deal to cut output is enough to bolster ... Coronavirus -
Oil prices fall sharply as top producers hold key talks
Oil prices fell sharply Friday as top producers attempted to finalize a crucial agreement on output cuts in a bid to counter a collapse in demand due ... Energy -
Oil prices rally after Russia signals output cut ahead of key OPEC meeting
Oil prices extended gains Thursday after Russia signaled it was ready to cut output before a key producers’ meeting aimed at boosting energy markets ... Energy
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